Question

If the total assets of a firm are ₹ 25,00,000 and its Non-current Assets are ₹ 16,00,000, what will be the percentage of Current Assets of Total Assets?

Options

• 36%

• 46%

• 56%

• 60%

Answer 1

36%

Explanation:

Total Assets: ₹ 25,00,000

Non-current Assets: ₹ 16,00,000

Current Assets: Total Assets – Non-current Assets = ₹ 25,00,000 – ₹ 16,00,000 = ₹ 9,00,000

Using the common-size percentage formula:
$$\text{Percentage of Current Assets} = \frac{\text{Current Assets}}{\text{Total Assets}} \times 100$$
$$\text{Percentage of Current Assets} = \frac{9,00,000}{25,00,000} \times 100 = \mathbf{36\%}$$